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1776296 RECORDED IN THE RECORDS OF JEFFREY K BARTON, CLERK CIRCUIT COURT INDIAN
<br />RIVER CO FL, BK: 2067 PG: 1155, 08/14/2006 12:04 PM DOC STAMPS D $0.70
<br />RNV Dedication (Parcel US -1-2) Bristol Bay
<br />Tax ID #31-39-33-00000-1000-00028.0
<br />Instrument prepared by and should be
<br />returned to County Attorney's Office
<br />1840 25i° Street, Vero Beach. FL
<br />SPECIAL WARRANTY DEED
<br />THIS INDENTURE, made this //4- day of August, 2006, between IHP INVESTMENT
<br />FUND III, L.P., a California limited partnership, 19800 MacArthur Blvd., Suite 700, Irvine,
<br />CA 92612, GRANTOR, and INDIAN RIVER COUNTY, a political subdivision of the State of
<br />Florida, 1840 25th Street, Vero Beach, FL 32960, GRANTEE,
<br />WITNESSETH THAT: GRANTOR, for and in consideration of the sum of Ten Dollars and other
<br />good and valuable consideration to GRANTOR in hand paid by GRANTEE, the receipt of which
<br />is hereby acknowledged, has granted, bargained, and sold to the GRANTEE, and GRANTEE'S
<br />heirs and assigns forever, the following described land situate, lying, and being in Indian River
<br />County, Florida:
<br />SEE EXHIBIT "A" ATTACHED HERETO AND MADE A PART HEREOF
<br />AND GRANTOR covenants with GRANTEE that the premises are free from all encumbrances
<br />except for (i) general and special taxes or assessments for the year 2006 and subsequent
<br />years, which are not yet due and payable; (ii) applicable zoning ordinances, codes, rules and
<br />regulations as the same affect the land; and (iii) encumbrances, restrictions, reservations,
<br />easements and limitations of record.
<br />GRANTOR will warrant the title to the land and defend the same against the lawful claims and
<br />demands of all persons claiming by, through, or under GRANTOR.
<br />WITNESSES (as to both): IHP INVESTMENT FUND III, L.P., a
<br />California limited partnership
<br />By: Institutional Housing Partners III L.P., a
<br />California limited partnership, its General
<br />Partner
<br />By: IHP Capital Partners, a
<br />California corporation, its
<br />General Partner
<br />By:
<br />By:
<br />David R. Blom;
<br />//1044, ,Q Vice President
<br />/a4=-7
<br />Katherine R. Russell
<br />Vice President
<br />
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